Hong Kong home prices to rise in 2026 on the back of mainland Chinese buyers, rate cut
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AdvertisementHong Kong propertyBusinessHong Kong home prices to rise in 2026 on the back of mainland Chinese buyers, rate cut‘Housing prices have bottomed out, and the outlook for 2026 is cautiously optimistic,’ JLL Hong Kong chairman Joseph Tsang saysReading Time:3 minutesWhy you can trust SCMPCheryl ArcibalandPeggy YePublished: 9:15pm, 10 Dec 2025Hong Kong home prices are likely to see up to a 5 per cent boost in 2026 on the back of mainland Chinese buyers, interest rate cuts and fewer unsold new flats, according to analysts.In addition, the stamp duty adjustment and Hong Kong’s resurgent stock market were also expected to help sustain stability in the city’s residential property market, according to JLL and Cushman & Wakefield.Those factors, JLL analysts said, were projected to help trim Hong Kong developers’ swollen inventory, which would drop back to their normal level by the end of next year.Advertisement“Housing prices have bottomed out, and the outlook for 2026 is cautiously optimistic,” said Joseph Tsang Hon-ping, chairman of JLL in Hong Kong. “We expect capital values to rise by about 5 per cent, while luxury residential values will remain broadly flat. Luxury rents are projected to increase by up to 5 per cent.”Should that forecast unfold, it would be welcome news to the city’s housing property market, which has been in a downturn since late 2021.AdvertisementLived-in home prices fell by as much as 28.4 per cent in March this year from their peak in September 2021, according to official data. That slump came amid elevated inventory levels, which required 101.6 months and 67.4 months to clear in 2023 and 2024, respectively.AdvertisementSelect VoiceChoose your listening speedGet through articles 2x faster1.25x250 WPMSlowAverageFast00:0000:001.25x